New carbon technology projects could be key to 'Big Oil' emissions cuts

The outcome of four government-funded pilot projects could be crucial in developing technologies for Big Oil to reduce its carbon footprint and help the Biden- administration’s goal of a net-zero emissions economy by 2050. The Energy Department’s Clean Energy Demonstrations (OCED) in February allocated $304 million in taxpayer funds to new technologies designed to capture carbon dioxide emissions at power and industrial sites in Kentucky, Texas, Wyoming and Mississippi. It is pa